Top 10 Best Loan Apps on iPhone in Nigeria 2023

Updated on December 28, 2023

If you go on the Android app store you’ll find a lot of loan apps for Nigerians, but for loan apps on iPhone in Nigeria, they are few and in between.

If you’re looking for a well-detailed list of the best loan apps on iPhone in Nigeria. You are at the right place. check them out below.

Top 10 Best Loan Apps on iPhone in Nigeria

Carbon

Carbon was one of the first loan apps for iPhone in Nigeria but it has now grown into a digital wallet. You can get instant fast and reliable short-term loans on this app 24/7.

Carbon doesn’t require any documents or collateral to provide you with loans. There are no hidden charges with this app.

The Carbon app is a product of One Finance & Investments Limited, a CBN-licensed and regulated finance company.

Platform: iOS, Android,
Loan Amounts: ₦1,500 to ₦1m
Interest rate: 1.75% – 30% with a monthly interest rate of 1 – 21%
Annual Percentage Rate (APR): 23% – 60.8%
Loan tenure: 14 days to 15 months.
Repayment channels: In-app using debit/ATM card, In-app using Carbon account, Quickteller and Direct Transfer

Aella

Aella offers quick and instant online loans in 5 minutes on both Andriod and iPhone. Aella is one of the most transparent loan companies in Nigeria. You can get as much as N1 million loan from Aella.

Platform: iOS
Loan Amounts: N100,000 – N5,000,000
Interest rate: 6% – 20%
Annual Percentage Rate (APR): –
Loan tenure:1 – 3 months
Repayment channels: Debit card/Direct transfer

P2Vest

P2Vest is one of the popular P2P new loan apps for iPhone in Nigeria, offering people alternative funding. P2Vest peer-to-peer lending platform connects screened borrowers to lenders and investors who are looking for better returns on their capital compared to savings accounts and fixed deposits.

P2Vest also has a B2B loan platform called P2VFB for businesses to manage their money lending activities.

Platform: iOS, Andriod
Loan Amounts: N5,000 to N2,000,000
Interest rate: Varies
Annual Percentage Rate (APR): –
Loan tenure: 12 months
Repayment channels: Auto Debit from Linked Card

You can contact P2Vest at support@p2vest.com.

Blocka Cash

Blocka Cash provides easy and hassle-free loans in Nigeria. Blocka Cash is available on Android and Apple’s iPhone. You can access short-term loans on Blocka from at least N5,000 and up to N50,000 depending on your credit score.

The requirements for a Blocka cash loan include:

You must be at least 21 years of age.
You might need to provide a valid Government ID

Other features of Blocka cash loans are:

Platform: iOS, Android,
Loan Amounts: N5,000 – N50,000
Interest rate: 3% per month – of 10% per month
Annual Percentage Rate (APR): 36% to 120%.
Loan tenure: 60 to 180 days
Repayment channels: Debit Card, Quickteller, and direct transfer

Blocka Cash considers several factors when assessing if you are eligible for a loan. Factors like past loan performance and credit score. Blocka Cash app is powered by James Crown Credit Limited, which has a money lender license issued by the Ogun State Government of Nigeria.

You can contact Blockacash at support@blocka.cash

Yescredit

YesCredit is one of the best instant loan apps for iPhone in Nigeria that offers a low loan amount.

Their loans range from N5,000 to N50,000. To access a YesCredit loan can take only a few minutes and you can receive it into your wallet and transfer it into your bank account immediately.

You increase your loan limit every time you repay your YesCredit loan.

Platform: iOS
Loan Amounts: ₦5,000 to ₦50,000
Interest rate: 4.5% – 35% with an equivalent monthly interest of 5%- 29%
Annual Percentage Rate (APR): 29% – 120%
Loan tenure: 60 – 180 days.
Repayment channels: debit/ATM card, and direct transfer

YesCredit requires no collateral, guarantors, or documents for them to grant you the loan. Just make sure over 21 years old. But for loans beyond certain amounts, YesCredit will need additional documentation.

YesCredit is a product of YesCredit Limited, which is a licensed money lender by the Lagos State Government of Nigeria.

You can contact Yescredit please contact us at support@yescreditng.com.

Irorun

Irorun is one of the top loan apps for iPhone in Nigeria. You can sign up on the Irorun app and request a loan and have it disbursed to you in a matter of minutes.

If you want to access mobile loans in Nigeria with peace of mind, Irorun says they should be your choice. Irorun is more of a micro-credit platform. They’re focused on small loans.

Platform: iOS
Loan Amounts: N2,500 – N50,000
Interest rate: 4.5% – 35% monthly interest of 5%- 29%
Annual Percentage Rate (APR): 29% – 120%
Loan tenure: 60 – 180 days.
Repayment channels: Manually or via the auto-debit service.

Page Financials

Page financials is a financial company licensed by the CBN that offers personal loans in Nigeria.

The company claims that getting a loan from them is smooth and easy and that they use a flexible documentation process.

Platform: iOS
Loan Amounts: N100,000 – N5,000,000
Interest rate: (3.76%) – Charged Flat Per Month
Annual Percentage Rate (APR): 29% – 120%
Loan tenure: 60 – 180 days.
Repayment channels: Manually or via the auto-debit service.

Quick Bucks by Access Bank

Access bank loan -Quick bucks app - Loan code, interest rates

QuickBucks is one of the best loan apps for iPhone in Nigeria that is a product of a bank (Access Bank) that offers loans to both customers and non-customers of Access Bank.

QuickBucks, offers payday loans, salary advances, small ticket personal loans, device financing, vehicle finance, and mortgages. Quickbucks allows you to sign in to the app with your email address, phone number, fingerprint, and of course your password.

Because Quickbucks offers different types of loans, these loans carry different interest rates with them. You’ll have to sign into the Quick Bucks app to see if they offer friendly interest rates.

You can get this app on the iPhone app store here

Kiakia

Kiakia is a peer-to-peer lending investment platform in Nigeria. It is one of the few P2P loan apps for iPhone in Nigeria. They also allow you to invest in loans where you can earn between 12% -40% (Quarterly, Bi-annual, and Per annum).

You can get secured personal and business loans from KiaKia if you have an iPhone.

Platform: iOS
Loan Amounts: N10,000 and N100,000,000
Interest rate: for Kiakia loans is 15% per month
Annual Percentage Rate (APR): maximum at 180%.
Loan tenure: 30 days to 90 days months
Repayment channels: In-app, Debit card, Bank transfer

Nodcredit

NodCredit quick loans to employed, self-employed, business persons, and corporates. First-time borrowers on this loan app for iPhone in Nigeria for N10,000 to N50,000. While returning customers can access up to 300,000 on the Nodcredit.

Platform: iOS
Loan Amounts: 10,000 – 300,000
Interest rate: 1% – 16% per month
Annual Percentage Rate (APR): 12% – 96%
Loan tenure: 62 days to 180 days
Repayment channels: You can settle your loan in split payments, and pay parts of your loan whenever you have it. N20 will be charged for card tokenization and bank account details. You can defer payments for another month.

Credpal

CredPal offers funded credit cards in Nigeria that allow you to easily pay for your needs anytime. You can use a Credpal credit card to make both online and offline transactions. With a CredPal credit card, you no longer have to wait for payday to get the things that matter.

A credit card is great when we don’t have funds at our disposal and we need to make impromptu purchases. With a credit card in your wallet, you don’t have to worry about being stranded anywhere.

When you sign up to Credpal and have provided all the necessary details. You have to wait a while for a credit limit and loan limit approval.

Once you have been offered a credit limit, you can now go ahead and request a credit card on the Credpal app. Credpal will deliver the card to you and can activate it and start spending.

Credpal offers reward points and cashback from 1% to 15% for every purchase you make with your credit card.

Hometown App

Hometown is one of the new loan apps for iPhone in Nigeria that provides instant loans to people. The Hometown app also allows its users to save, invest, share, and spend.

Hometown app offers an initial maximum loan offer of ₦5,000 for every first customer is fixed at ₦5,000. Upon repayment of the initial first loan, you’ll get an automatic 100% increase in your immediate next loan. This allows

Hometown app users build their creditworthiness as they repay their loans.

The Hometown App is a product of Hometown Fintech Limited, a registered financial services company with the CAC.

Platform: iOS
Loan Amounts: 15,000 – 2,000,000
Interest rate: 6% – 22%
Annual Percentage Rate (APR): a maximum of 256%
Loan tenure: 15 – 6 months
Repayment channels: auto debit